Recently, at the construction site of Inner Mongolia Huaheng Energy Technology Co., Ltd.’s PTMEG and PBAT new material industry chain integration project, cranes, loaders, and transport vehicles are carrying out construction operations in an orderly manner in various operating areas. Workers are doing pipe welding, wire laying, equipment debugging, road hardening and other work.
The project will be constructed in two phases. The first phase will start construction in July 2021, with a total investment of about 10.5 billion yuan. It mainly produces 1,4-butanediol (BDO), polytetramethylene ether glycol (PTMEG), poly Adipic acid/butylene terephthalate (PBAT) and other products. After the first phase of the project is completed and put into production, the average annual operating income will reach more than 11 billion yuan, and the average annual profit and tax will be more than 1 billion yuan, which can solve and drive employment for more than 2,000 people.
"Currently, the first phase of the project is being fully constructed, and the power station is expected to be put into operation in early May; two sets of PTMEG production equipment have been ready for production, and will be put into operation together with public works such as sewage treatment plants, methanol plants, and natural gas hydrogen production plants at the end of June The remaining 2 sets of PTMEG production equipment, 3 sets of BDO production equipment, and 360,000 tons of calcium carbide production equipment will be put into use at the end of September. At that time, the first phase of the project will be fully put into operation. After it is put into operation, it will further enhance the degradable material industry in Wuhai It will also achieve zero breakthroughs in PTMEG and PBAT products in Inner Mongolia." said Yu Zhongbo, deputy general manager of Inner Mongolia Huaheng Energy Technology Co., Ltd.